Samsung SDS 2023 net income down 37.9 pct to 701.3 bln won

Samsung SDS Co. on Thursday reported its 2023 net income of 701.3 billion won (US$525.5 million), down 37.9 percent from a year earlier.The company said in a regulatory filing that it posted 808.2 billion won in operating profit for the year, compared with 916.1 billion from the previous year. Annual revenue fell 23 percent to 13.27 trillion won.Source: Yonhap News Agency